Colorado tech brought in more than $20M in March. Here are the top 5 rounds

by Jess Ryan
April 3, 2017

Colorado’s tech fundings hit a slight rough patch in March, closing just over $20 million in funding — a significant drop from the $87 million raised in February. But with some big-name acquisitions and mergers last month, including PivotDesk, Denverite and Zen Planner, it was still a big month for Colorado tech. And roughly half of the companies that raised money this month raised at least $1 million. Check out the top five rounds below.

 

5. CirrusMD, $1.6 million, March 20

Investors: Not disclosed

What they do: CirrusMD allows doctors to securely text with their patients using a custom messaging portal.

Recent news: The company expects significant growth following the funding.

 

4. Digabit, $2.4 million, March 27

Investors: Not disclosed.

What they do: Digabit’s software allows parts manufacturers to easily create catalogs in the cloud.

Recent news: The company appointed a new CFO this month.


3. Ello, $2.5 million, March 13

Investors: Not disclosed

What they do: Ello is a social network designed for artists and creators who want to share their work with one another.

Recent news: A week after the funding, Ellos’ co-founder launched a new Snapchat alternative called Wuu.


2. Kwippit, $3 million, March 17

Investors: Not disclosed.

What they do: Kwippit’s messaging app is full of images you can insert into messages, making texting more fun.

Recent news: The company’s co-founder and CEO Rob Horning was profiled in a recent Tech.co piece.

 

1. Closetbox, $5.5 million, March 22

Investors: Not disclosed.

What they do: Using Closetbox’s website, consumers with too much stuff (who don’t want to get rid of it all) can schedule storage services on-demand.

Recent news: Along with their funding round, Closetbox launched in the Bay Area this month, too.

 

Photos via featured companies, social media and Shutterstock.

Have a tip or know of a company worth covering? Email us.

Jobs from companies in this blog1 open jobs
All Jobs
Operations
Operations
new
Documoto, Inc.
Denver

Colorado startup guides

LOCAL GUIDE
Best Companies to Work for in Denver & Boulder
LOCAL GUIDE
Best Software Engineer Jobs in Denver & Colorado Tech
LOCAL GUIDE
Coolest Tech Offices in Denver & Colorado Tech
LOCAL GUIDE
Best Sales Jobs in Denver & Colorado Tech
LOCAL GUIDE
Best Perks at Colorado Tech Companies
LOCAL GUIDE
Best Marketing Jobs in Denver & Colorado Tech
LOCAL GUIDE
Your Guide to Healthtech in Denver & Boulder
LOCAL GUIDE
Best Design Jobs in Denver & Colorado Tech